Today's News

Vancouver, BC, November 24, 2016--(T-Net)--Eight Solutions Inc. announced recently that a sales contract with a major forestry company to install the company's Cumul8 big data product into a US mill.

This engagement marks the start of the Company's foray into the forestry sector with a platform-based solution driven towards ultimately building a “Connected Mill”, where data from all machines and sensors is gathered and pushed to the cloud, so that data can be monitored live, insights can be discovered, and operational predictions can be projected.

Eight Solution's Cumul8 platform and solution is a recurring subscription revenue model that also provides for custom work to fit each customer's needs.

Cumul8 has been running beta programs in multiple mills over the past several months, and this is that next step in moving from a test environment to commercial applications. It is anticipated that installations into additional US and Canadian mills will follow shortly.

The above sale is consistent with Eight Solutions' plan to focus the roll out of its Cumul8 “sensor to cloud to action” platform into the North American forestry industry.

“We are clearly showing we have a solution to Industry 4.0 issues within forestry as this sector quickly moves forward to more advanced machinery that now can be connected into one continuous digital signature,” says Rory Armes, Eight Solutions CEO. “It is very exciting to see our big data and gaming expertise show value in a commercial business setting. Our strength is in bringing raw, massive amounts of data into a visual narrative that pushes the concept of “monitor, discover, and predict” into a reality. We believe the new world of forestry is about knowledge as soon as it is knowable, and more important, in bringing a visual narrative to that knowledge that is easy to use and understand.”

About Eight Solutions

Eight Solutions Inc. is a technology company led by a team of gaming industry veterans. Eight's flagship product is Cumul8, a data analytics and visualization solution. Cumul8 works with any type of data source to help people and companies understand, collaborate, and make better decisions with data. Eight's portfolio also includes an award-winning 3D technology licensed to the film industry and Reelhouse, a unique video-on-demand platform that allows films makers to distribute their content directly to users. For more information, visit www.eightsolutions.com.

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Forward Looking Statements

Except for statements of historical fact, this news release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” occur. Although Eight believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.